Supreme Autoparts Inc. issued $$180,000$ of $7\%,$ five$-$year bonds at a price of $85$ on January $31,201($Note: When the

issue price of bonds is provided, as in this case, you do not need to calculate it yourself; just use the stated price.$).$ The

market interest rate at the date of issuance was $9\%,$ and the standard bonds pay interest semi$-$annually.

Read the requirements.

Requirement $1.$ Prepare an effective$-$interest amortization table for the bonds through the first three interest

payments. $($Round your answers to the nearest whole dollar.$)$

Requirement $2.$ Record Supreme's issuance of the bonds on January $31,201,$ and payment of the

first semi$-$annual interest amount and amortization of the bonds on July $31,201.$

Start by recording the issuance of bonds on January $31,201.($Record debits first, then credits. Exclude